Technical analysis by Maddox_Metrics about Symbol BTC on 8/26/2025

BTC appears to have completed wave (1) at the daily R1 pivot with wave C of (2) underway. The initial target is the triple support - Ascending daily 200EMA, High Volume Nodeand 0.382 Fibonacci retracement $102k. BTC has had shallow retracements this cycle, often ending at the 0.382, demonstarting investor psychology - people just cant wait to buy the dip! Daily RSI is making its way into oversold which would print a bullish divergence from the wave 4 low unless this value was penetrated. Safe trading